Combat the outbreak as france closes schools. New york city declares a state of emergency as the death toll approaches 5000. Investors fear that emergency packages will not be enough to stave off a recession. That showed in european and u. S. Sessions yesterday. Saw their worst day of all time. Wall street showed its biggest crash since 1987. Here is a look at just how bad it was. Drops, the likes of which i have never seen, on individual equity indexes. The dax is down 12 . The ftse in milan is down almost 17 in a oneday session. It seemed to all be sparked by Donald Trumps travel ban and then made worse by the ecb decision. Jones look at the dow industrial average, the most famous global index. Circuit breakers were set off again yesterday and this was the biggest drop. Since 1987. Nts the s p 500 is down 9. 5 , as was the nasdaq. Doterms of price action, we see a bounceback in terms of futures. You see ftse futures are up more than 3 . The 10 year yield is gaining a little bit in te
2017. anna this is bloomberg. Manus we have breaking news. This is in the retail sector. We have numbers from the worlds number one closing retailer. Clothing retailer. Ebit of 2. 9 9 billion. Those are some of the headlines coming through from in the tax. From inditex. Seeing earlyry fourth quarter, according to some of the analysts. Analysts will be weighing the continuing impact. Story thatting a they are seeking to sell some sores. Stores. In iberia. Is as a result of online sales taking a taking off in spain. Lets check on the risk radar. Program with the shock result in alabamas senate election. The had an impact on dollar. As of also down. The democrats won this seat. Trumpsoing to influence ability to get his legislative agenda for the senate . Maybe he tries to speed up tax plans to get this done before the change in the senate. The s p down on this news. We touched new alltime highs yesterday. It was back to the economic data. Though some of the headlines that we will be watc
The fed kicks off a swathe of Central Bank Rate decisions. Will the dots deliver a more hawkish message . Delivers. Day of trading. We will take you live to the uae for an update. Matt as you alluded to, we may see a delay in the open, we will see a delay in frankfurt. The trading system has been disrupted because of technical problems. X is experiencing serious issues. Delay, aoking at a likely delay. We do not know how long it will take or if it affects all assets that we will see delays on the sessions eurex trading. Lets take a look at where the futures are pointing us. You can see that the ftse futures are virtually unchanged at the moment. You will see in a moment rates look the same. Down. 1 of 1 . Take a look at the treasuries. 2. 3976 field. It has moved sideways since the close of trade yesterday. This is a three day look at the treasury yields. Not getting a lot of direction from there either. I absolutely. It could affect other markets. Austria could be affected. I am told